Why Did These Two AI Stocks Hit 5% Upper Circuit Today?
India, Nov. 12 -- Artificial intelligence (AI) stocks witnessed strong buying interest in Thursday's trading session, with two companies hitting their upper circuit limits amid a recovery in global technology shares. The positive sentiment followed a rebound in US technology stocks, supported by Nvidia's recovery and encouraging developments across the AI industry. OpenAI's revenue milestone, CoreWeave's upbeat outlook and reports surrounding Anthropic's proposed IPO further strengthened investor interest in AI-related businesses.
Shares of ESDS Software Solution Ltd and E2E networks Ltd hit upper circuit of 5 percent reaching Rs. 1,264.80 per share and Rs. 539.45 per share respectively.
CoreWeave's 24 percent Rally and OpenAI's Reven...
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